Waterproofing Sheet Membrane Market is Forecasted to Reach US$ 29.3 Billion in 2028, Says Stratview Research

Stratview Research, a global market research firm, has launched a report on the global Waterproofing Sheet Membrane Market  which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.

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Market Statistics:

Market Size in 2028: US$ 29.3 billion

Growth (CAGR): 5.0% during 2023-2028

Leading Material Type: Bitumen

Leading Application Type: Roofing & Walls

Leading End-User Type: Commercial

Leading Construction Type: Repair & Renovation

Leading Region: Asia-Pacific

Forecast Period: 2023-2028

Trend Period: 2017-2021

Base Year: 2022

Number of Segments Covered: 5

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights & Market Share Analysis of the Waterproofing Sheet Membrane Market:

The global Waterproofing Sheet Membrane Market is segmented based on Material type, Application type, End-User type, Construction type and region.

Based on Material Type

"Bitumen has established itself as the undisputed leader in the market during the forecast year"

Among material types, bitumen has established itself as the undisputed leader in the global waterproofing sheet membrane market, prevailing across major regions. Its exceptional performance, unparalleled durability, and cost-effectiveness have made it the material of choice for a wide range of construction applications. Bitumen's remarkable versatility and ease of use further contribute to its popularity, enabling it to meet the needs of diverse construction projects.

Based on Application Type

"Roofing & wall segment dominates the market during the forecast period"

The market is segmented into roofing & walls, building structures, industrial, water & wastewater management, tunnels, and others. The roofing & wall segment dominates the market, with significant usage of sheet membranes in the application areas. Terraces and roofs are particularly vulnerable to rainwater, significantly increasing the likelihood of leaks.

However, using a sheet membrane creates a highly effective barrier that prevents water penetration. With their exceptional flexibility at low temperatures, impressive dimensional stability at high temperatures, and ease of application under hot-melt conditions, these waterproofing membranes offer an all-around superior solution.

To know the most attractive segments, click here for a free sample of the report:

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Which region shows the most promising growth forecast and opportunity?

The analysis suggests that Asia-Pacific region is projected to retain its position as the largest market for sheet membranes during the forecast period. This growth outlook is mainly attributed to the following:

·      The Asia-Pacific region is projected to retain its position as the largest market for sheet membranes during the forecast period and is expected to experience the most significant growth in the coming years. 

·      This growth can be attributed to several major factors, including increasing construction activities due to rapid urbanization and industrialization, promising economic growth, and a shift of manufacturing industries from Western economies to Asian economies.

·      Additionally, the implementation of building and energy codes is driving the demand for waterproofing solutions in the region.

·      Key economies such as China and India are playing a vital role in driving the growth of the sheet membrane market in the region. 

Waterproofing Sheet Membrane Market Drivers:

Some of the key drivers listed in the report are given below.

• Accelerating Urban Growth and Infrastructure Expansion: Extensive urbanization and major construction initiatives—particularly across Asia-Pacific, Middle Eastern, and African regions—are driving increased demand for waterproofing membrane systems. These protective barriers are vital for safeguarding infrastructure including underground passages, transportation structures, foundation areas, and commercial towers against moisture penetration.
• Growing Need for Durable and Long-Lasting Waterproofing Solutions: Because of its consistent measure, remarkable flexibility, and fissure-spanning qualities, membrane solutions are increasingly being chosen by building experts over traditional methods as worries about structural longevity and operating costs grow. These solutions minimize future maintenance costs by providing improved water resistance, especially in underground and moisture-prone areas.
• Rigorous Construction Standards and Environmental Regulations: Legislative requirements for energy-conscious and eco-friendly construction are promoting the implementation of advanced waterproofing technologies. Membrane products manufactured from thermoplastic polyolefins (TPO), modified bitumen, and polyvinyl chloride (PVC) are experiencing increased adoption for their minimal volatile organic compound emissions, recyclable composition, and improved ecological impact—conforming to international sustainable construction certifications including LEED and BREEAM.

Competitive Landscape: Top 10 Companies in the Waterproofing Sheet Membrane Market:

The market is moderately fragmented, with over 20 players. Most of the major players compete on some of the governing factors, including price, service offerings, regional presence, etc. Stratview Research has identified the following companies as the top market players:

·      Oriental Yuhong

·      Sika AG

·      Keshun Waterproofing Technologies

·      Carlisle Companies, Inc.

·      RPM International, Inc.

·      BASF SE

·      Saint-Gobain

·      Hongyuan Waterproof Technology Group Co., Ltd.

·      Mapei S.p.A.

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the data center liquid cooling market, answering critical questions like

-       How big is the sales opportunity?

-       Which regions offer the best sales opportunities?

-       Which are the most attractive market segments?

-       Which are the top players and their market positioning?

-       How complex is the business environment?

-       What are the factors affecting the market?

For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com

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Stratview Research is a global market research and consulting firm that highly specializes in IT & telecom, aerospace & defense, chemicals, and a few other industries.

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